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The Value of an 18 Wheeler Settlement You may be able to make claims if a vehicle with 18 wheels rear-ends you vehicle. The nature and severity of your injuries will determine the value of your settlement. You can also recover damages if you are unable to earn future income. But, you must wait until your doctor has confirmed that your injuries will cause lasting consequences. Compensation for injuries The extent of the injuries suffered by the victim determines the value of a settlement resulting from an 18-wheeler accident. Truck accidents typically cause more serious injuries than car crashes and the damages that follow are usually an indication of this. The amount of compensation that is paid to victims is based on many factors. Medical costs are an important factor in determining the value of a trucking injury settlement. The cost of both past and future treatments will be considered when calculating this amount which may include transportation costs for appointments with your doctor. The impact of the accident on the quality of your life as well as lost income are also elements to be taken into consideration. If your injuries will prevent you from working in the near future and you are unable to work, this may be included in a request for compensation. It is not uncommon for victims to recover hundreds of thousands or millions of dollars from an 18 wheeler or truck settlement for an accident. These amounts are much higher than the amount that would be recouped in a typical car crash, and many of these settlements break records. Our lawyers will investigate any other parties that might be responsible for your losses. This includes the truck driver or their company, as well any other third-party businesses that could contribute to the occurrence. For instance loading companies can be held liable if they improperly stack or overload cargo inside the trailer. If the accident occurred because of defective components of the vehicle or truck, it is possible to make claims against the manufacturer or distributor of these products. Damages for pain and suffering Apart from the economic loss, victims may claim compensation for suffering and pain. This refers to the psychological and emotional anxiety that comes from an accident. It's hard for you to quantify and therefore a crucial part of your claim. Our lawyers will assess your non-economic losses to ensure you get an appropriate settlement for your injuries. Some victims suffer from persistent and severe injuries. 18 wheeler accident attorney st paul and expenses are likely to be substantial. These damages are calculated with the help of experts such as medical experts and economists. Insurance companies can attempt to limit these losses by arguing that your conditions did not arise from the crash, but rather that they existed beforehand. Our team will combat these claims to get you the compensation that you deserve. Often there are multiple parties that could be held accountable in the event of an accident involving an 18-wheeler. The company that employs the driver can also be held accountable. If the truck was not loaded correctly and this caused the crash the loading company could be held responsible. The process of negotiating a settlement for the aftermath of a crash with a truck could seem to take forever. It's important to remember that you should not settle a personal injury claim until you have reached maximum medical improvement (MMI). If you settle too soon then you'll be able to take a deal that is not adequate compensation for your injuries. Damages for Economic Loss While it is possible to get compensation for past, present and future medical bills The most significant damages in truck accidents are based on your economic losses. These include the loss of wages and property damage, as well as the cost of fixing or replacing your vehicle, as well as any other items you have lost in the crash. Trucks are much heavier and bigger than passenger vehicles. They aren't able to easily move around to avoid collisions. They take a longer time to stop, making rear-end crashes particularly risky. The resultant impact can be devastating and life-altering. Insurance companies and trucking companies will do anything to minimize their liability for the injuries suffered by the victim. This includes negotiation in an attempt to pass the statute of limitations for filing an action. An experienced lawyer can help you defend you against the tactics employed by these groups and help you receive maximum compensation for your injuries. Comparative negligence laws can affect the final settlement or verdict if more than one party is accountable for a collision. However, your lawyer will have the knowledge and experience to determine the parties responsible and take legal action against them on your behalf. This increases the likelihood of you obtaining the maximum amount you are entitled to. Contact Kaine Law for a complimentary consultation today. Our lawyers will review your case, explain your legal options and discuss the potential benefits of your truck accident claim. Damages for Non-Economic Loss The insurance companies of trucking companies and their providers might not always be able to settle disputes out of court. In many instances, the severity of the injuries and the complexity of the case indicates that a lawsuit is necessary to ensure that victims receive a fair amount of compensation. Our firm has the resources to secure the best settlement possible for your case. We will employ experts to reenact the accident and other methods to prove your losses. This could include medical or vocational experts, along with economic loss specialists who can estimate the amount of your past and future losses could be worth. In addition, we can also be able to hold other parties accountable for their part in the accident's cause. This is especially true if the other party was unable to comply with its legal obligations, for instance by not maintaining the truck or hire a qualified driver. We could also make a claim against the trucking company that employed the driver, or if the firm was owned by an outside party. Trucking companies could be held accountable for a variety reasons for example, forcing their employees to work in unreasonable hours or reducing costs through not ensuring proper maintenance for the vehicle. You can also file a claim against a truck manufacturer if a deficient component is found to have caused an accident.